LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 12th, 2017 • Boxlight Corp • Photographic equipment & supplies • Michigan
This Agreement dated September 28, 2016, is an agreement between CRESTMARK BANK, a Michigan banking corporation (“Crestmark”), and BOXLIGHT INC., a Washington corporation and MIMIO LLC, a Delaware limited liability company (individually or collectively referred to herein as “Borrower”). In this Agreement, Crestmark and Borrower are collectively the “Parties”. Any person who guarantees the obligations of Borrower (each a “Validity Guarantor” subject to the terms and conditions of the Validity Guaranty) is required to sign this Agreement. The Parties have the addresses shown on the schedule (“Schedule”) which is attached to this Agreement. These are the addresses of the Parties for all purposes and may be changed by one party giving notice to the other party in writing of the new address.
